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Economy 3 years ago
PREMIUM
UK to provide $1.25b in MRT as it dubs RI ‘powerhouse’ economy
The UK government will make available US$1.25 billion for the development of the MRT Jakarta project with the possible involvement of Crossrail International, Mott Macdonald and six other undisclosed UK companies.
Jakarta 3 years ago
PREMIUM
Yearender 2022: Two steps forward, one step back for Jakarta public transportation
As Jakarta resumes normal service in 2022 with the worst of the pandemic in the rearview mirror, the capital’s 10 million residents, plus 18 million more from the surrounding satellite cities, have found themselves dealing again with one of the city’s perennial problems: heavy traffic.
Economy 3 years ago
PREMIUM
RI reels in new FDI for Jakarta’s major railway projects
Three countries have signed a memorandum of understanding (MoU) with Indonesia to participate in the expansion of Jakarta’s mass rapid transit (MRT) mega-project and to partake in developing other transportation constructions in Indonesia.
Economy 4 years ago
Second phase MRT hit by cost overrun, land issues
After a meeting with the President on Wednesday, Coordinating Economic Minister Airlangga Hartarto announced that the cost of the second phase of the MRT expansion has increased by 15.5 percent from its initial estimation to Rp 26 trillion (US$2.5 billion).
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